Application Time! Jessica just got married! Help her select health insurance for her family! From the two plans, which plan would be best if they estimate their

Q$3$

medical cost at a low amount and a high amoun t $($info sheet$).$ Help them determine how much of their risk they should transfer and how much would retain for each plan.

$\backslash$table$[[$Step $1$: Determine Total Medical Cost,High Medical Costs,,,$],[$Step $2$: What is the Deductible,FirstCare Bronze,,,$],[$FirstCare Gold,,,$],[$Step $3$: Subtract Deductible from the total medical cost,FirstCare Bronze,$$,\backslash$table$[[-],[-]],],[$FirstCare Gold,$$,-,],[$Step $4$: What is the dollar amount in coinusrance the family will pay?,FirstCare Bronze,$$,-,30\%$ coinusrance$],[$FirstCare Gold,$$,-,20\%$ coinsurance$],[$Step $4$: What is the total out$-$of$-$pocket cost?,FirstCare Bronze,$$,,],[$FirstCare Gold,$$,-,]]$